Global Spectroscopy Market 2015-2019 - Market 2016, Industry Overview, Analysis, Research, Demand, Growth and Trends
"Global
Spectroscopy Market 2015-2019"
The Report covers current Market Trends, Analysis, Forecast, Review,
Share, Size, Growth, Effect.
Description-
Market
outlook of the global spectroscopy market
Government
institutions worldwide are implementing more stringent food testing
process to control the level of adulteration of food, which is
driving the growth of food safety testing market. This initiative
taken by the government is indirectly prompting the growth of
spectroscopy market, as spectroscopy equipment are used for testing
purposes. Technavios market research analysts expect the global
spectroscopy market to multiply significantly, posting a CAGR of
close to 6% during the forecast period.
Spectroscopy
instruments have a wide number of applications in different segments,
which include the pharmaceutical industry, processed food industry,
metal mining and chemical industry, government regulatory bodies, and
others. The pharmaceutical industry, however, will mostly drive this
market, mainly because of the equipments wide application in drug
R&D, manufacturing and testing process. The market is expected to
grow at an increasing growth rate throughout the forecast period, due
to the increased government investments, especially is developing
countries, for providing better healthcare facilities by improving
food safety testing and environmental testing processes.
Global
spectroscopy market segmentation by type
Atomic
Molecular
In
terms of type, the molecular spectroscopy accounted for almost 51% of
the total revenue generated by spectroscopy market in 2014. The wider
application of molecular spectroscopy in pharma industry and
environmental science applications will help it to grow at a faster
rate, and retain its dominance during the forecast period.
Geographical
segmentation of the spectroscopy market
Americas
APAC
EMEA
In
terms of geographical market, the Americas contributed USD 3.04
billion in revenues to the global spectroscopy market. However, due
to increased government initiatives and spending, especially in
developing countries, the market is expected to witness a speedy
growth. Therefore, vendors are focusing on gaining market share in
developing countries, such as China, India, and Japan.
Competitive
landscape and key vendors
Currently,
the spectroscopy market is marked with the presence of many vendors,
with intense competition among them. As a result, the market is
witnessing many mergers and acquisitions by these vendors to gain
market share and enhance product portfolio.
Top
vendors in this market are -
Agilent
Technologies
Bruker
Danaher
PerkinElmer
Thermo
Fisher Scientific
Other
prominent vendors included in this report are Analytik Jena, FOSS,
Hitachi High-Technologies, Jeol, and Shimadzu.
Key
questions answered in the report include
What
will the market size and the growth rate be in 2019?
What
are the key factors driving the global spectroscopy market?
What
are the key market trends impacting the growth of the global
spectroscopy market?
What
are the challenges to market growth?
Who
are the key vendors in the global spectroscopy market?
What
are the market opportunities and threats faced by the vendors in the
global spectroscopy market?
What
are the trending factors influencing the market shares of the APAC,
EMEA, and the Americas?
What
are the key outcomes of the five forces analysis of the global
spectroscopy market?
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